CIC Association

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John Mulkerrin's Blog (32)

Quotes4Charity CIC and Co-operative Financial Services offer exciting new fundraising opportunity

Quotes4CharityPresentation_6.2.10.ppt

Hi Everyone

If your favourite charity is looking for new ways to raise income, please feel free to let them know about us. This is the first time this type of affinity partnership is being offered and is a free and easy way to add another string to the…

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Added by John Mulkerrin on March 22, 2010 at 20:00 — 1 Comment

CICs can help in situations like debt-ridden Hinchingbrooke Hospital, due to be run by a private company

Could the CIC asset lock help reduce the fear of privatisation in these types of circumstance? this is likely to be the first of a number of funding strains within the NHS, and it's probably going to be be a growing concern

The ability to raise capital in the marketplace is undoubtedly an advantage for private companies at the moment, but we could raise bonds against the NHS contracts to make it work. The asset lock also allows some assets to be transferred and protected, if…

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Added by John Mulkerrin on February 18, 2010 at 19:18 — No Comments

Free Online Public Procurement course to help smaller firms bid compete for £220 billion of public sector contracts awarded annually

The Department for Business, Innovation & Skills has recently launched an online procurement course, …

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Added by John Mulkerrin on February 10, 2010 at 17:00 — No Comments

Powerpoint for CIC Start 2010 Event

Here's my powerpoint from CIC Start 2010, which covers the main themes and objectives. Some real progress has been made and I will be putting out some copy on the back of the event shortly.

CIC_Start 2010Jan10.ppt

cheers

John

Added by John Mulkerrin on January 21, 2010 at 15:00 — 6 Comments

Caps set at 20% (shares) and 10% (performance loans)

Here's the link to the Regulators full response



http://www.cicregulator.gov.uk/consultationresponse.shtml



Please put your thoughts on record here, from an initial reading I have to say this looks quite balanced and positive.



The concern regarding it causing a detrimental effect to any grant funding has been noted so hopefully we'll get some centralised work done on that, the… Continue

Added by John Mulkerrin on January 5, 2010 at 21:51 — 13 Comments

Social Enterprise Mark - A double audit fee for CICs?

Update Feb 10 2011- With the recent increase in the Social Enterprise Mark fee to £350 a year from £99, a number of members have moaned to me that we still havent made any progress on the points made in this original post.

 

1. What shall we do, if anything?  They dont want to address our concerns and the criteria still split CICs, Co-ops and Charities..some can, some cant. 

 

2. Is 372 members a good return for £1million of taxpayers money? Thats…

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Added by John Mulkerrin on November 24, 2009 at 19:00 — 41 Comments

CICs are Androgynous - First interesting trend from the survey

The first trends are starting to emerge from the data we're collecting via our first survey, one of the most intriguing is the lack of a gender gap within CIC. This balance in gender feeds into an interesting discussion started by Rodney Schwarz at Clearly so (link below)



If you havent already done so, please complete the online survey at CIC Baseline Mapping Questionnaire and ask all the CIC practitioners you know to, the… Continue

Added by John Mulkerrin on November 18, 2009 at 8:30 — 2 Comments

CIC Association Facebook Group

Hi Everyone

Facebook - CIC Association Group

Due to a slight miscommunication and a lot of enthusiasm, we've just sent an invite to a second CIC Facebook group. To help us keep everything in order please join the group we'll be using on an ongoing basis here.

John

Added by John Mulkerrin on November 14, 2009 at 15:00 — 1 Comment

Edinburgh CIC inspires Tory policy

The Conservative party this week said it would be learning about how to get young people into employment by following the model of an Edinburgh-based......to read more click on the link below

http://www.socialenterpriselive.com/section/news/tory-conference-edinburgh-cic-inspires-tory-policy

Added by John Mulkerrin on October 12, 2009 at 15:30 — No Comments

Welcome to Planet CIC

Welcome to the online forum of the new CIC Association. With your support and involvement we hope to become a focal point to develop the agenda, share information and realise the potential that is latent in what is the first new company legislation for close to 150 years.



The impetus for the Association has come from CICs wanting a way to directly engage in the agenda, from a defined perspective. From general awareness and communication issues thru to technical matters such as… Continue

Added by John Mulkerrin on August 24, 2009 at 8:46 — No Comments

Our respone to the CIC Divividend Cap Review

Questions 5 & 6 for Social Enterprises and community interest companies.



Question 5 – dividend cap

Do you consider that the double cap on dividends unduly restrict your ability to raise adequate financing of business start-up and growth?



Using the BofE rate, and the subsequent downward movement of the BofE rate since CICs came into being has definitely diminished the opportunities available to attract investment, but we believe the original positioning of the caps… Continue

Added by John Mulkerrin on June 19, 2009 at 16:09 — No Comments

Letter to Mr Byrne, Minister for the Cabinet Office

Dear Sir



I am writing to inform you of the formation of a CIC Association, which aims to represent its members and support the development of the CIC Legislation. I hope to receive an endorsement of support for what we’re trying to achieve, as Minister for the Cabinet Office your engagement would help us raise awareness of need amongst the existing support structures, and give a clear indication that the Legislation is valued and understood at the highest levels of Government. I… Continue

Added by John Mulkerrin on March 31, 2009 at 14:00 — 1 Comment

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